August 4, 2022
10 Top Cybersecurity Trends To Keep An Eye On In 2022-2023
Cybersecurity has always been an urgent problem for most industries, but after COVID-19, remote work, and global digitalization, this issue only gained higher awareness. This is because we all live online, sharing our lives and personal information and connecting to various networks. And with companies storing sensitive user data and money, the number of hacker attacks is also growing rapidly.
According to Statista, internet users globally saw about 18 million data breaches during the first quarter of 2022. In addition, the number of data compromises in the US alone came in at a total of 817 cases during the same period. Since stolen data can cost a lot to a company in terms of finances and trust alike, businesses are actively investing in cybersecurity to prevent these situations.
However, cybersecurity trends are also growing based on new hacker attacks. So if you want to prevent any unauthorized attacks on your business, it is also best to know your enemy and what solution can prevent successful threats. We developed this guide to help you learn more about current cybersecurity trends, according to our research.
Top 10 Cybersecurity Trends to Watch Out For in 2022-2023
1. Use of AI and Machine Learning (ML)
The typical hacker who works alone is no longer the key danger for companies. This is because companies are afraid of global cyber hacking, which is a multibillion-dollar enterprise. Modern attackers always develop new tools and ways of compromising the business data, forcing cyber security specialists to explore new ways to help protect sensitive data.
Experts say that over the next several years, hackers are going to expedite from weeks to days or even hours the life cycle of an attack, from reconnaissance via exploitation. They now use advanced AI and machine learning (ML) technologies to boost the effectiveness of these attacks, mimic trusted services, and make attacks more personalized and automated.
2. Attack Surface Expansion
We all know that most companies now work remotely, where research shows that 60% of workers are remote, while at least 18% are returning to the office. Global digitalization has greatly changed how we work and in what way, making us use various public clouds, highly connected supply chains as well as cyber-physical systems. These all have opened up new and challenging attack places.
As a result, this makes businesses more vulnerable to attack. Therefore, modern companies who still work remotely and plan to stick to this plan look beyond exciting traditionally used approaches to security monitoring, identifying, and responding to handle much more risks.
3. Digital Supply Chain Risks
Experts predict that by the end of 2025, approximately 45% of organizations globally will face attacks on their software supply chains, which is three times higher than in 2021. This is why security and risk management departments should connect with others to prioritize digital supply chain risk and partner with suppliers to show the highest security practices.
4. Cybersecurity Mesh
The cybersecurity mesh is one of the hottest 2022 cybersecurity trends. This term refers to a modern conceptual method to security base that allows the distributed enterprise to install and integrate security to assets, whether on-premises, in the cloud, or in data centers. While this approach is still in its development stages with small amounts of uses, experts believe that those businesses adopting a cybersecurity mesh architecture will be able to reduce the financial impact of individual security incidents by an average of 90% in 2024.
5. The Immense Growth of Security-as-a-Service
Since cybersecurity is essential in modern days, experts see a high demand in this term as a service. Not every company today has its own cyber specialists in place, so those who know this sphere provide their services in all forms – freelance, part-time and full-time positions. Depending on the company’s requirements, these specialists can either perform penetration testing to identify weak points, prevent threats by strengthening defense systems or manage the situation when the real attack happens.
6. Multi Factor Authentication Becomes a Standard
The IT sector has long been considering adopting Multi Factor Authentication (MFA) as a gold standard. However, due to attacks and changes that have happened during the last few years, the situation is going to improve. Many organizations, especially in the Fintech industry, have used MFA and made it mandatory for everyone.
And this was done for several valuable reasons. First of all, multifactor authentication is an excellent way to add another layer of security, which helps in preventing unauthorized access to online accounts. This is why almost any software today requires users to use multifactor authentication, which ranges from social media to banking apps.
7. 5G Vulnerabilities
As we mentioned, we all go cloud. Therefore, transferring information via the cloud is now a reality, especially for those who work remotely. And modern technologies only support this process by offering 5G, which transfer speed is suggested to hit 10 GB per second, increasing the speed of business.
Even though 5G is an excellent opportunity for remote work and business speed, 5G also opens new ways for hackers to steal data. The high speed provided by 5G allows hackers to infect more data packages and spy on organizations without being noticed. If you want to avoid it, you need to implement the highest levels of security, and monitoring has to be implemented before relying solely on 5G.
8. Internet of Things (IoT) in Cybersecurity
One of the leading trends in cybersecurity in 2022 and 2023 is IOT in this field. Studies show that global spending on smart homes will hit $1.1 Trillion by the end of 2023. However, IoT devices are increasingly popular and also becoming smarter, making the risk of cybersecurity also increasing.
To prevent these threats, users should choose devices that have multiple communication protocols, OS, and efficient database standardization space. It is also advised to use secure VPNs to protect your IoT devices.
9. Artificial Intelligence (AI) Powered Сybersecurity
Artificial Intelligence (AI) is one of the latest trends in cybersecurity which shows big potential in improving cybersecurity. This technology can be used to enhance most cybersecurity activities like automated fraud detections, network traffic monitoring systems as well as AI-based malware protection software. These are some examples of how Machine Learning and AI app development services can benefit your business protection.
10. Cybersecurity Regulations Likely to Get Stricter
As digitalization has only started, users prefer apps over physical stores, people work remotely, and almost every industry now goes online; hacker attacks will grow every day and even every hour. While specialists are working hard to find new ways of protecting businesses, experts believe that cybersecurity regulations will become stricter and more efficient.
Since protecting users’ data is essential now, most regulatory bodies have made it mandatory for businesses to offer user awareness, boost their knowledge about hackers, as well as provide cybersecurity training to their professionals.
How Can Interexy Help?
Interexy is a well-known app and web development agency that sets standards in the industry in terms of quality, speed, and trust. We are experts in over 15 industries, where the key ones are cybersecurity, healthcare, fintech, and blockchain. And we also know how important it is to companies to keep their users’ data protected, so in our development process, we use practice-proven yet latest technologies and methods to guarantee this. Check our cybersecurity services and get qualified cybersecurity developers to protect your business!
Cybersecurity concerns have always bothered companies. However, in 2022 it became even more dangerous for businesses not to worry about their data being stolen. The development of new technologies also increases the number of hacker attacks, as one of these technologies is not highly protected. So it is always best to know what next year can bring and be prepared for any challenges. If you have questions or want to discuss your idea, book a free call with our experts!
What are the trends in cyber security?
Hottest cyber security trends include AI and ML implementation, IoT devices protection, security-as-a-service, mandatory multifactor authentication, and so on.
What are the biggest cybersecurity threats in 2022?
Among the biggest cybersecurity threats in 2022 are the supply chain, cloud services, and ransomware attacks.
Why is Cyber Security Important?
Cybersecurity is a must-have as successful attacks can compromise your business, ruin your relationships with clients, force you to pay for unlocking your accounts, and so on.